MEDICAL POLYOXYMETHYLENE MARKET ANALYSIS

Regional Analysis

Global Medical Polyoxymethylene (POM) Market: Regional Insights

Based on geography, the global medical polyoxymethylene (POM) market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Among the regions, Asia-Pacific is expected to hold a significant share in the global medical polyoxymethylene (POM) market. This is due to the rise in production of automotive and consumer goods & appliances in this region. The growing electrical & electronics sector and rapid urbanization is also stimulating the growth of this market.

Europe is another key region for medical polyoxymethylene market for this product. This region is anticipated to exhibit a high CAGR during the forecast period. The rising automotive production and favourable trends in the medical industry are driving the demand for polyoxymethylene in this region. The rising demand for this material in the automotive industry can be attributed to the production of door locking systems, fuel units, light stocks and power windows.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa and Rest of Middle East